5, MADELINE CLOSE, GREAT BOWDEN, MARKET HARBOROUGH, LE16 7HX - £174,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 MADELINE CLOSE is a small extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £174,950 in September 2013, which was around 38% below the average September 2013 detached price in the Harborough local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

5 MADELINE CLOSE Sold Prices

Land registry data shows three sales for 5 MADELINE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 5 MADELINE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 4 SEP	£174,950	£283,207	38% below HPI
2006 7 AUG	£165,000	£275,089	40% below HPI
1997 5 DEC	£69,000	£107,201	36% below HPI

5 MADELINE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The three 5 MADELINE CLOSE sales between December 1997 and September 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2013 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 MADELINE CLOSE?

5 MADELINE CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses in Great Bowden, based on EPC data. The below chart shows the distribution of detached houses by size in Great Bowden, and where 5 MADELINE CLOSE lies on this distribution: 22% of detached houses are smaller than 5 MADELINE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Great Bowden.

5 MADELINE CLOSE: Plot and Title Map

5 MADELINE CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 5 MADELINE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 MADELINE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 MADELINE CLOSE?

5 MADELINE CLOSE is located in GREAT BOWDEN, in the LE16 postcode district. The below map shows the position of No. 5 on MADELINE CLOSE.